Advances in Evolutionary Institutional Economics

Some famous pioneers together with the most promising new practitioners in the field show within this book how they define their subject. This is an authoritative survey of important branches of evolutionary economics, containing innovative new perspectives on market dynamics and evolutionary institutional mechanisms. The authors also tackle enduring problems in the field such as profound uncertainty and the significance of knowledge in economics.

This coherent and focused book will appeal to a wide variety of scholars involved in evolutionary and institutional economics, and evolutionary theory. It will also appeal to researchers and students at advanced undergraduate and postgraduate levels.

Edited by Hardy Hanappi, University of Technology, Institute for Mathematical Methods in Economics, Research Group Economics, Vienna, Austria and Wolfram Elsner, Professor of Economics, iino - Institute for Institutional and Innovation Economics, Faculty of Business Studies and Economics, University of Bremen, Germany